| Topic : Inflation in India-government policy |
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Activity:
2 views;
last activity : 07 06 2010 20:18:09 +0000
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Pricing policy, demand & supply index maintenance on real time basis.
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RBI has changed the CRR rates in its bank policy to adjust inflation conditions in the market, but the same is not fruitful, it is ineffective to control the same and it is clearly evident by recent trends in inflation. It seems to be the present inflation in food market is created by the dealers and middle man by holding the goods in black market. The pricing margin while procuring and selling is also one of the reason. The government has no visionary documentation on basis of past history to correct this types of situations. The government has to make necessary policies to identify these gaps and to control the inflation. The demand & supply index has to strictly monitored with market output data and consumption on real-time basis by proper reporting mechanism by the manufacturers and gap has to be identified in before and should be filled with importing/exporting of goods. |
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